Question
Calculate quick ratios in the following situations : 1. Current Assets $20,000; Stock $3,000; Prepaid Expenses $1,000; Working Capital $16,800. 2. Working Capital $72,000; Current
Calculate quick ratios in the following situations :
1. Current Assets $20,000; Stock $3,000; Prepaid Expenses $1,000; Working Capital $16,800.
2. Working Capital $72,000; Current Liabilities $24,000; Creditors $4,000; Stock $24,000.
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Business Mathematics
Authors: Gary Clendenen, Stanley A Salzman, Charles D Miller
12th Edition
0135109787, 9780135109786
